https://www.youtube.com/watch/taQng8WmWRU Trump’s tariffs & the end of globalization | Ian Bremmer’s Quick Take
​Overnight, the US moved to having the world’s highest tariffs by a long margin. Here is @Ian_Bremmer’s Quick Take on the near and long-term fallout.

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Ian Bremmer’s Quick Take:

It is the day after ‘Liberation Day,’ April 2nd. I’m not sure that day is going to stick. It was good not to do on April 1st. Not only because it’s April Fools, but also because you had a couple of key elections in the US, in Florida and in Wisconsin. And Trump clearly wanted to go after that because he knew that these weren’t going to be super popular. And yet, this is exactly what he was promising.

He has been promising tariffs. He’s been promising securing American borders, securing borders from people coming into the US illegally, also securing US borders from unfair trade practices. And that is precisely what we’re seeing right now. Overnight, the United States is moving to having the highest tariffs against countries of any major economy in the world by a very long margin, and also the largest average trade tariff in over a hundred years.

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